As healthcare costs continue to rise in India, health insurance is highly essential for small business owners and generally involves group health insurance policies that offers several benefits, such as, diagnostic tests access, maternity and newborn care, hospitalisation coverage, etc.
Whether you are an experienced business owner or a new enterpreneur, it is essential to understand the different health insurance coverage options to make informed decisions about choosing the right policy.
For small businesses, a health insurance is highly essential as it provides medical aid to the employees without disturbing the ongoing budget plans. Usually, after the purchase of health insurance for small business owners is completed, premiums are locked for a year. At the end of the insurance coverage, the employer can renew the plan as per the business requirements.